Renting Out a House Might Trump a Short Sale

If you are underwater on your home, it might be wise to rent out your house instead of doing a short sale. It is important to factor in how far the home values have fallen in your area to be able to assess whether renting is the right option for you. One benefit that all share when choosing to become a landlord over selling via a short sale is that you will not have the negative impact on your credit score by renting as you would if you pursue a short sale. Even if you have never been a landlord before, it is not as hard as you might think and can save you money in the long run. Read the full article here:  http://homebuying.about.com/b/2013/01/11/renting-out-a-house-might-trump-a-short-sale.htm